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Cityof LouisviRel!
<br /> 2019 Citizen Budget
<br /> This document provides a transparent look at the City of Louisville's 2019-2020 biennial budget. It
<br /> displays information on city revenues, expenditures and new investments while showing how the
<br /> City invests its resources to improve the lives of citizens.
<br /> 2019 Revenue Sources and Trends
<br /> Total Revenues 2019 Adopted
<br /> Sales&Use Tax,39%
<br /> • Charges for Services,38% Sales&Use Tax $21,409,160
<br /> 0 Other Taxes,4%
<br /> Property Tax,9°%° Charges for Services $21,211,330
<br /> Intergovernmental Revenue,5%
<br /> 0 Licenses and Permits,2% Other Taxes $1,917,150
<br /> Other,3°%°
<br /> Property Tax $5,053,030
<br /> Revenue Trends Intergovernmental $2,979,050
<br /> Revenue
<br /> The City is in good fiscal health.The General Fund reserve is projected to be
<br /> above a target of 20%of operational expenditures through 2019.The minimum Licenses&Permits $1,362,810
<br /> unrestricted fund balance is set at 15%of current operating expenditures.
<br /> Other $1,872,520
<br /> Sales&Use Tax accounts Charges for Services
<br /> for 39%of City-wide _.A include:water, Total Revenues $55,805,050
<br /> 0
<br /> �
<br /> RevenueFmk
<br /> s.The municipal * wastewater,recreation,
<br /> tax rate is 3.65% O and solid waste fees *Revenue Sources exclude interfund transfers
<br /> 2019 Budgeted Expenditures By Program
<br /> Total Expenditure- '010 4d mt r+ - .
<br /> Utilities,23°i°
<br /> Utilities $14,080,190 Transportation,17°%°
<br /> • Public Safety&Justice,12°%°
<br /> I
<br /> Transportation $10,136,570 Ilk Administration&Support Services,10%
<br /> ` Recreation,11°%°
<br /> Administration&Support Parks,4%
<br /> Services $5,977,210 ilk
<br /> Open Space&Trails,3%
<br /> Cultural Services,4%
<br /> Public Safety&Justice $7,031,100 Community Design,4%
<br /> 1111101111
<br /> • Economic Prosperity,0.4°i°
<br /> Recreation $6,402,240
<br /> Parks $2,499,260 Capital Improvement Program (CIP)
<br /> Cultural Services $2,557,860 The City's CIP includes expenditures for buildings,land,parks,water and sewer
<br /> plants,and other commodities of a significant value that have a useful life of
<br /> Community Design $2,172,300 several years.The planning period for the City's CIP is 6 years.The expenditures
<br /> for the first year of the program are incorporated into the current year's budget.
<br /> Open Space&Trails $2,094,300
<br /> The City will invest$17 million in 2019 capital projects including:
<br /> Economic Prosperity $263,770
<br /> Continuing Pavement Implementing
<br /> Total Expenditures $53,214,800 Management Program Transportation
<br /> *Expenditures by Program exclude interfund transfers,debt Master Plan
<br /> service costs,and Internal Service Fund expenditures
<br /> To view the full version of the 2019-2020 biennial budget, visit www.LouisvilleCO.gov/Budget
<br /> Courtesy of:Rirr,rsity of Colorado MPA Student
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